Trade It Shem: October 2017

Monday, October 23, 2017

$X Study 20171023

$X Daily Chart as of October 23, 2017

Notes:
1. Price appears to be holding around the 113% Fib Ret level.
2. RSI is far from breaking that trend line resistance. Moreover, RSI direction is not the 50 level.
3. Bolinger Band is contracting, observe which direction price would eventually head.

$DD Study 20171023

$DD Daily Chart as of October 23, 2017

Notes:
1. Price must continue to increase and move out of that box and break that trend line resistance.
2. RSI must show momentum and move out of that box.
3. Follow on Offering (FOO) announced last Sep 21, 2017 having Primary Offer of up to 135,000,000 Common Shares at an Offer Price of up to P50.00 per share.

$TEL Study 20171023

$TEL Weekly Chart as of October 23, 2017

Notes:
1. Price is just ranging for many weeks now. Must show some love and break out of that box.
2. Price is being traded above the 50-week Moving Average.
3. Price must remain above that 61.8^% Fib Ret level, best to move past 50% mark.
4. Presence of BULLish Divergence keeps our interest.

$CHP Study 20171023

$CHP Daily Chart as of October 23, 2017

Notes:
1. Price slide past 127.2%
2. RSI not able to break that trend line resistance.
3. Presence of BULLish Divergence keeps our interest.

$BRN Study 20171023

$BRN Daily Chart as of October 23, 2017

Notes:
1. Price needs to break that 50% Fib Ret level.
2. RSI is in good shape to approach that trend line resistance.

Saturday, October 21, 2017

$SCC Study 20171020

$SSC Weekly Chart as of October 20, 2017

$FPH Study 20171020

$FPH Weekly Chart as of October 20, 2017

$SGI Study 20171020

$SGI Weekly Chart as of October 20, 2017

Notes:
1. We want price to move past 38.2%.
2. CCI might cross over its signal line. We want it to break out of that extended trend line resistance.

$FGEN Study 20171020

$FGEN Weekly Chart as of October 20, 2017

Notes:
1. Price went back to a support level. Keenly observe next week's market sentiment.
2. CCI is looking for a new low. It will be favorable once CCI turns up.

Mind the levels, manage the risks. Protect your capital, protect your gains.

$SHLPH Study 20171020

$SHLPH Daily Chart as of October 20, 2017

Notes:
1. The BEARs are pushing prices down. Might stabilize at 127.2% Fib Ret level.
2. CCI is looking for its new low. Should it becomes higher than than previous low, a BULLish Divergence is again formed.

Mind the levels, manage the risks. Protect your capital, protect your gains.

Friday, October 20, 2017

$URC Study 20171020

$URC Monthly Chart as of October 20, 2017

Notes:
1. CCI is respecting that trend line support.
2. Price currently violating the 38.2% level. Must close above this level.
3. Watch that 88.6% level when price continues to slide.

$APX Study 20171020

$APX Weekly Chart as of October 20, 2017

Notes:
1. Price must respect that trend line support.
2. CCI must bounce.

$PCOR Study 20171020

$PCOR Weekly Chart as of October 20, 2017

Notes
1. Price is moving within that triangle, will it bounce at or break the trend line support?
2. Will CCI bounce at the zero level (or break it)?

$PXP Study 20171020

$PXP Weekly Chart as of October 20, 2017

Notes:
1. BULLs failed to close the weekly candle above 113% level.
2. CCI is now clear of its direction. It must locate its turning point soon or probably at the 100 level.

$CHP Study 20171020

$CHP Daily Chart as of October 20, 2017

Notes:
1. Presence of BULLish Divergence.
2. CCI is attempting to break out of that trend line resistance. A cross over is a signal for (high risk) buy.
3. MACD is above its signal line and pointing up (to the zero line).

Saturday, October 14, 2017

$WPI Study 20171013

$WPI Daily Chart as of October 13, 2017

Notes:
1. CCI has no known past support to look at.
2. Price could slide back to 50% Fib Ret level (@ 0.92).
3. The threat of that BEARish Divergence must be kicking in.

$MRC Study 20171013

$MRC Daily Chart as of October 13, 2017

Notes:
1. Candlestick now resting at trend line support. Will a bounce happen?
2. Is CCI heading to that horizontal support line?

Friday, October 13, 2017

$TEL Study 20171013

$TEL Weekly Chart as of October 13, 2017

Notes:
1. In the past weeks, its been trading around 50% and 61.8% Fib Ret levels.
2. Presence of BULLish Divergence excites me.
3. CCI must show some love and move up!

$RRHI Study 20171013

$RRHI Weekly Chart as of October 13, 2017

Notes:
1. Price settled at 61.8% Fib Ret level.
2. Must have a bounce here. Otherwise, we'll head to 50% or even 38.2% level
3. CCI must bounce at that trend line support. Otherwise expect the bounce at the next trend line support.

$FNI Study 20171013

$FNI Daily Chart as of October 13, 2017

Notes:
1. BEARs pushed it to 2.51 (around 61.8% Fib Ret level) but BULLs raised it back to 38.2%. Expect more battles in this area.
2. BEARs might have it up to the 88.6% level but that could be it.

$WLCON Study 20171013

$WLCON Daily Chart as of October 13, 2017

Notes:
1. Might retest 7.84 (38.2% Fib Ret level)
2. There was a Bearish Divergence.
3. Mind the levels, manage the risks! Protect your capital, protect your gains.

$PXP Study 20171013

$PXP Weekly Chart as of October 13, 2017

Notes:
1. Excellent price push with 13%+ increase from last week.
2. Is CCI resting before heading down? Past rests were followed by a continuation :(
3. Mind the levels, manage the risks. Price is nearing 127.2% Fib Ret levels with next week's Pivot Point at 8.88 (that's 113% Fib Ret level!), R1 at 9.69 and S1 at 8.36.

$APX Study 20171013

$APX Weekly Chart as of October 13, 2017

Notes:
1. Price is moving steadily and well within bounds.
2. Price must break 1.99 and must not slide back and past 1.77.
3. CCI must stay above that trend line support.

Tuesday, October 10, 2017

$BLOOM Study 20171010

$BLOOM Weekly Chart as of October 10, 2017

Notes:
1. One or two more weeks before price bounce off near that 88.6% level.
2. CCI approaching trend line support. Will it bounce?

$AR
$CYBR
$SMC
$ATN
$PXP
$POPI
$STI
$EMP
$JFC

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

$PXP Study 20171009

$PXP Weekly Chart as of October 9, 2017

Good start of the week for $PXP. Closed at that 113% Fib Ret level. BULLs gaining control.

Sunday, October 8, 2017

$PHEN Study 20171006

$PHEN Daily Chart as of October 6, 2017

Notes:
1. CCI crossed over -100. Must cross that trend line resistance, cross zero line even better.
2. Price must stay above 1.76, better cross 1.84.

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

$CHP Study 20171006

$CHP Daily Chart as of October 6, 2017

Notes:
1. CCI crossed over -100. Better to cross over zero.
2. Price must stay above 5.08. Better to cross 5.93.

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

$SHLPH Study 20171006

$SHLPH Daily Chart as of October 6, 2017

Notes:
1. CCI must stay above that trend line support.
2. Price must stay above 68.15, better to move past 69.08.
3. Can you see the presence of BULLish Divergence?

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

$T Study 20171006

$T Daily Chart as of October 6, 2017

Notes:
1. Presence of BULLish Divergence.
2. Price must stay above 1.26 and cross that trend line resistance.
3. CCI must stay above zero line or better stay above that trend line support.

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

$SMC Study 20171006

$SMC Daily Chart as of October 6, 2017

Notes:
1. CCI crossed zero line. Must stay above it.
2. Price bounced at that 61.8% Fib Ret level. If it holds above this one we can expect price at 88.6%

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

$MWC Study 20171006

$MWC Weekly Chart as of October 6, 2017

Notes:
1. CCI breaking out of that trend line resistance. Must cross over zero line.
2. Price must move past 113%

How do I create my charts? Explained here: https://drive.google.com/file/d/0B5SbOJpLxCy9YXM3cHVUY0ZYa0E/view

StudyList 20171006

Share ko lang mga nagpapansin sa akin as of October 6th, 2017.

DISCLAIMER: ***strictly for STUDY purposes only*** DO NOT attempt to trade unless you fully understood the associated risks.